4807 50th Ave
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4807 50th Ave
3,644 SF 100% Leased Office Building St Paul, AB T0A 3A3 £553,635 (£152/SF) 6.50% Net Initial Yield
Executive Summary
An opportunity is available to purchase a single-tenanted freestanding building leased to Service Canada with a long-term lease in place until May 2027. The building is meticulously maintained and enjoys direct exposure to 50 Avenue (Highway #29), a significant arterial road in the area. The property is conveniently surrounded by a wide range of amenities, including restaurants, personal services, and leisure/recreation options, all within walking distance.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
3,644 SF
Building Class
B
Year Built
2012
Price
£553,635
Price Per SF
£152
Net Initial Yield
6.50%
NOI
£35,986
Percent Leased
100%
Number of Floors
1
Typical Floor Size
3,644 SF
Building FAR
0.35
Lot Size
0.24 AC
Zoning
C1 - Central Commercial
Parking
6 Spaces (1.64 Spaces per 1,000 SF Leased)
1 of 1
Walk Score ®
Very Walkable (76)
1 of 5
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4807 50th Ave
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